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today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
to avoid the fiscal cliff as the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employee pe
talks on the u.s. budget crisis. >> the annual chaos computer club conference gets under way in hamburg with organizers warning that government internet surveillance is a growing threat. the international convoy for syria made a proposal in damascus where he is delivering talks. >> he will also be holding discussions in moscow as russia steps up its role in helping to find a political resolution to the conflict. the russian parliament says time is running out for damascus. >> it was a high-level meeting between syrian diplomats and the russian foreign minister. he made moscow's line clear -- the crisis has to be solved through political dialogue between the warring parties, but there was no mention of any new proposals to bring about that objective. the foreign ministry denied reports of a new peace plan from russia and the u.s. >> this plan does not exist. that is why it is not being discussed. with mr. brahimi and our american colleagues, we are trying to find a solution on the basis of the peace plan that was agreed upon in june. >> the geneva agreement calls for a cease-fire and the
if the u.s. economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and central america is now a star performer. first, we want to get the latest news. looking for confidence out
it in perspective. the euro/u.s. dollar didn't move that much whatsoever. from that point of view, i don't think that we just have to look at today or the last two days of development in euro/u.s. dollar. of course, global trade is really important for the german economy. it continues to be very important. even from a private consumption point of view, we did have quite a bit of support as of late. also because of the wages. and looking at the world bank report, also looking at the asian economies in 2013, 2014, them seeing a little better picture is very good for the german economy and not to speak about the turnaround in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a
whose founding president is currently serving a two-year sentence. u.s.-backed rain monarchy banned all public demonstrations earlier this year. new figures show the obama administration has conducted more than 200,000 deportations of parents with children who are u.s. citizens over a period of about two years. according to federal data, nearly one-quarter of all deportations from july 1, 2010 to the end of the september for issued for parents with u.s. citizen children. colorlines reports the data appears to dash hopes that new guidelines issued for deportations last year would curb the separation of families by immigration and customs enforcement. the prosecutorial discretion guidelines instruct ice agents to focus on certain immigrants, including those with criminal convictions, and to consider a person's ties to the country and "whether the person has a u.s. citizen or permanent resident spouse, child, or parent" when making deportation decisions. a group of new jersey residents who say they're subjected to surprise pre-dawn, immigration rates has reached a settlement of the federal
to be the best of all pleasures to introduce dr. beatrix hoffman to you. she is a leading historian of u.s. health care system. i bet you have been very busy during this political season. with the debate about what is best in health care, what is best in health care insurance, what is best for women's health-care rights, being in the air everywhere we look. as a person addicted to both politics and academic and women's history, i and i'm sure all of us are interested in this presentation so thanks for being here. you couldn't be in a better counter this talky their since much of grand rapids has been very highly invested in the health-care industry, hoping to develop stellar health education, research, innovation in practice, all in the quest for great health-care you. i hope you will be able to see what we call health-care in michigan where so much investment in medical health related work has been made. beatrix hoffman is chair of history at northern illinois. she completed her ph.d. as everyone at my table did at rutgers university in 1996. she has written extensively on the history of
three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget sta
, corruption scandals, and disastrous investments in the u.s. and brazil. it was hoping to benefit from lower production costs at the new steel plant near rio de janeiro. the costs to build the facility have spiraled out of control. billions of euros wasted. it is a similar picture in the u.s. where a costly steel plant is incurring heavy losses due to the steel downturn. investment decisions have weighed heavily with building costs rising to 12 billion euro. to make matters worse, they have been hit with huge funds in their real division. this has triggered a leadership crisis. the executive board has asked three top executives to leave. >> until now, there has been in management style where the old boys' network was more important than corporate success. to some extent, this led to ignoring irregularities rather than correcting them. >> despite the crisis, he is trying to reverse the fortunes. they plan to sell the troubled plants in the u.s. and reduce their presence in the risky steel sector. they are examining all options. >> for more rainiers on the reaction from traders, we have this r
-- >> in the u.s., president obama makes a last ditch attempt to find a budget compromise. >> in the angry and protests in the streets of regain rate. doctors warn the victim's condition is getting worse. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being s
. >> in the deadliest rampage at an elementary school in u.s. history, 20 kindergarten students and six staff members of the school are killed in newtown, connecticut. >> i have been at this for one- third of a century, and my sensibilities may not be of the average man, but this probably is the worst i have seen or the worst that i know of any of my colleagues have seen. >> the massacre occurred in newtown, connecticut, just miles from the national shooting sports foundation, the nation's second most powerful pro-gun lobby in the country after the national rifle association. we will host a debate on gun control between the gun honors for america and the coalition to stop gun violence. then we will speak to paul barrett, author of, "glock: the rise of america's gun." and we will get a report from the streets of cairo from sharif abdel kouddous. >> of voting among the division. egyptians headed to the polls on saturday in the sixth national election in nearly two years. this time, to vote on a referendum and a hotly disputed constitution. >> all of that and more coming up. this is "democracy now!," de
with politics and public affairs, we casey jennings live coverage of the u.s. senate. on weeknights watched key public policy defense. every weekend the latest nonfiction authors and books on booktv. you can see past programs, get our schedules at our website, and you can join in the conversation on social media sites. >> twenty-five years ago the u.s. and the soviet union signed a treaty which removed thousands of nuclear missiles from europe. former reagan administration officials talk about the negotiations that led to the intermediate nuclear forces treaty. at this event hosted by the american foreign service association, it's an hour 20 minutes. >> okay. i think we're ready to go. i would invite everyone to take their seats. i'd like to wish all a very good morning. i'm susan johnson, the president of afsa, and i'd like to extend a very warm afsa welcome to you all, and thank you for coming to this important and special panel discussion, and also celebration of the 25th anniversary of the signing the inf treaty. special thanks of course go to our panelists and our moderator, and i should n
indeployment of the patriot missile batteries from u.s., germany and netherlands. this would serve to be a pretty firm warning to the flailing assad regime to mess with nato member, turkey. if you talk to some of most vocal critics, though of the proposal, and that would be the russians who are in brussels at that nato meet and who were here, putin in istanbul, meeting with turkish leadership yesterday, they argue further militarizing this long border will only serve to escalate tensions. >> all right. ivan, thanks so much. ivan watson in istanbul, who is being down near that bordertown that has been the subject of shelling. moving on. before the scandal broke, many people could have seen former cia director david patreaus running for office. and now there is news that he was indeed approached. the way he was approached may surprise you. >>> also -- israel standing firm on its decision to go forward with construction of new settlements in the west bank and east jerusalem. hear what that might mean for the middle east peace process if that even exists. and when you switch from anoth
of our u.s. voouers to find cnbc world because they could get three hours of you, carol and carolin for the rest of the week. >> whatever they can do. record it and fast forward to the good bits. >> yeah. >> it will be 2:00, 3:00 in the morning or whatever. >>> on today's show, plenty to come on. >> yes. the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank of japan to heed the call of the masses. abe is beating the heat on the boj just one day after his party's huge win and two days after the bank's next rate setting meeting. kaori enjoji has the latest for us. how much of a game changer is all this? >> this is a serious game changer. it's a comeback for the dlp and shinzo abe. he has made it clear that the economy and economic recovery is going to
, outperformers this year include german, japanese and hong kong stocks. the u.s. senate will meet at 11:00 a.m. eastern after lawmakers tried most of sunday to avoid a fiscal cliff. proposals moved back and forth including tying social security to the chained cpi index. aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. >> the sticking point appears to be a willingness, and interest or frankly, the courage to close the deal. >> i will say this. i think that the republican leader has shown absolutely good faith. it's just that we are apart on some pretty big issues. >> i want everyone to know i'm willin
before she said anything different and that was to u.s. senators behind closed doors, but it took 73 days forler to speak out, not even publicly, but behind closed doors. >> i i don't think she would have ever said she was wrong. this is not about susan rice. the president said, if you have a problem with benghazi -- i do -- it is not picking on the president. it is trying to expose a national security failure, a debacle. i hold the president accountable more than anythingch -- more than anyone else. it should have been closed or reinforced before the attack on 9/11. there is nothing to do to help the people. where was he as commandener chief. have you two movies being made in the raid on bin laden. you don't know anything about what the president did in the seven hours of the attack. and afterward, the president tried to blame this on a video and a mob and a demonstration that never existed. but susan rice, in my opinion, misled the public. there are other problems with her time and politics and national foreign affairs arena. her problems were deeper than me and deeper than benghazi. bu
night. we will have more on u.s. gun violence in the newtown massacre after headlines. egyptian voters headed to the polls on saturday in a referendum on a controversial draft constitution. according to unofficial preliminary results, the document passed the first round with 57% of the vote with the turnout of just 31%. a second round scheduled for this saturday in remaining areas. a coalition of human rights groups has called for revoked citing thousands of complaints of violations at the polls including a lack of full judicial supervision. at a news conference, the opposition national salvation front accused authorities of rigging the outcome. >> [indiscernible] >> we will have more from egypt with sharif abdel kouddous later in the broadcast. at least 25 people have reportedly been killed in the latest syrian government bombing of a palestinian refugee camp in damascus. the attack on the district comes amidst fears the syrian military is preparing a full on ground assault to displace rebels from their positions. during a visit to neighboring lebanon, the u.n. high commissioner for r
>>> the formalitier government is accused of being sent rick. >> massive write-downs n u.s. and brazil while warning over a week's global recovery. >>> and hsbc agreed to settle money laundering charges, paying a record $1.9 billion fine. >>> and we're getting the bumping out here today, not only because it's christmas, but -- >> because james ferguson is here. >> and we are finally in the same place at the same time. ♪ reunited and it feels so good ♪ >> there we go. >> my apologies to everyone for that. >> how about that voice? i feel a christmas sing along coming on at some point. >> it's the holt day spirit. >> it is. >> also, we are outside the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into wher
>> live from berlin, this is the "journal" on dw. a school shooting in the u.s. state of connecticut leaves dozens dead. we will go live for the latest. >> in germany, investigators say the attempted bombing here this week proves islamist terrorists are at work in the country. >> a german lawmaker plans to send patriot missiles to turkey's border with syria. a shooting at a school in the united states -- 27 people reported dead. most of them children. >> it happened friday morning at an elementary school in the state of connecticut. a parent inside the school at the time reports hearing was sounded like at least 100 rounds being fired. >> this is the scene at sandy hook elementary school. sources saying the suspect is also among the dead and that the body is in a classroom at the school. police say they have recovered two weapons from the suspect. the students kindergarten through fourth graders were all evacuated to a nearby fire station. all schools in the area are under lock down right now. >> law enforcement officials has -- have confirmed the shooter has been foun
, but opponents say they intend to continue their protests. >> turning out to the u.s., president barack obama has just announced his nomination of senator john kerry to become secretary of state. >> john kerry is currently chairman of the senate foreign relations committee and has undertaken numerous diplomatic missions. he also ran unsuccessfully for president back in 2004. the move has been widely expected. observers say he should win easy confirmation in the senate. staying in washington, and president obama is increasing the pressure on the country's powerful gun lobby's and calling for stricter regulations on assault weapons. he has also challenged his fellow gun control advocates to take a clear stand on the issue. >> america had a moment of silence for the victims of the newtown massacre. exactly one week ago, a young man armed with a semiautomatic rifle gunned down 20 people in connecticut. meanwhile, the national rifle association has taken a hard- nce on the issue, calling for armed security guards in yev american school to protect students. >> the gun owner's organizatitin has proposed
republicans put forward their plan to cut the u.s. deficit, but the proposal is quickly dismissed by democrats and the white house. >>> and australia central bank cuts interest rates to the lowest level since the financial crisis in a bid to get ahead of sluggish commodities demand. we're on tuesday and off to a slightly, what, soft close yesterday for european stocks. right now we're pretty evenlies passed, advancers just about outpacing decliners on the stoxx 600, but not by much, 5:4 if that. so one hour into the trading session, this is where we stand. the ftse 100 just flat, a flat close yesterday. the dax was essentially fairly flat yesterday. up just ten points. the cac 40 yesterday doing a little bit better, up 0.2%. first pointing out ftse up 9 out of the last 11. we have seen yields continue to decline in spain. just 5.23%, but still capped. spain requesting financial assistance. we'll keep our eye on the uk as we head toward the bank of england meeting this week p. dollar index has hit a one month low. you're redollar up to euro-dollar up near the high we saw yesterday. dollar-yen m
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
a number of british banks. there are several investigations in the u.s. by the securities and exchange commission concerning whether deutsche bank under reported risk in connection with mortgage securities and derivatives. that is particularly ironic. during the financial crisis, deutsche bank was very pleased that it did not call for -- ask for government help, did not ask for a bailout, and it came to the crisis allegedly unscathed. all of this casting doubt about whether deutsche bank's reputation is as golden as it was thought to be. >> thank you very much for joining us, melinda. >> we turn to the markets. the tax-evasion probe was the governing topic there, too. have this report from the frankfurt stock exchange. in the investigation against deutsche bank have been the big issue on the frankfurt -- >> the investigation against which a bank have been the big issue. the co-ceo is under investigation. experts fear there might be heavy image problems for deutsche bank, not because of these investigations, but also because of the fact that there might have been market manipulations ma
of the insurgency, all u.s. surge troops are home and 76% of the country is under the security control of the afghan government, according to this new report. >> shepard: jennifer griff fin at the pentagon. there's word that the syrian government may have already used chemical weapons on its own people. now, fox news can't confirm that, but the activists are reportedly saying they have the video to prove it. fox news can't verify the video, either. president obama has called the use of chemical weapons a red line for the united states, and he's warned there will be consequences if syria crosses that red line. let's get to kathry catherine he live in washington. what do we know about this video? i can't get confirmation from anyone. >> reporter: we're being told there's no independent evidence the syrian regime has used chemical weapons, but over the weekend video uploaded to the weapon claimed to show the use of chemical weapons by the assad government. this fire allegedly producing toxic smoke after tank was unloaded by a syrian jet over rebel-held territory. another video which could not be authen
weeks the u.s. policy tornado the soviet union is going to change in april of 1945. by the time there's that big meeting on april 23rd with molotov and april 23rd, the united states changed course, and so at that meeting, truman meets molotov -- first meet with advisers and they're divided. marshall, leahy, are all telling him don't break with the soviets. said to the secretary of war and said, the soviets have a much better understand of their open security, especially around poland, than we do. >> stepping back from the details, do you think it was realistic for these two powerful nations, continental powers, each of whom had, i think, it's fair to say, an empire, one formal, one a little more informal, because the soviets had different, smaller states under their control, and going to keep control of the baltic states and moving into eastern europe. was it realistic for these two powers, who are very different, to really get along for very long or were they really destined to have a cold war and luckily never really had a hot war except through proxies. so details are important, an
materials and technology lad a bit. the u.s. economy added 146,000 jobs in november as the unemployment rate dropped to four year low of 7.7%. today's report may not be as strong as it seemed, reporting employers added 49,000 fewer jobs in september and october than initially estimated. a preliminary reading showing consumer confidence plunging to its lowest level in four months. early december americans prepare for a potentially higher taxes at the beginning of next year. the index dropping 74.5 this month, far below november's reading of 82.7 and economists forecasts of 82.4. >> in the pits of the cme, michael tells us why dividend paying stocks are taught play regardless of next year's tax rate and charlie will share why he is bullish despite short-term volatility but let's start with phil at the cme. the dow did well today. better than expected, arguably better than expected, jobs report boosting the markets but we got consumer confidence and the fiscal cliffhanging over everything. what did you make of the markets today? >> i was disappointed we failed on that rally and shot up 1421 and
, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see. s&p couldn't gain here, down eight points. david: looking at the negative numbers, imagine what they would be if the fed did not do the money printing. a lot worse than it was today. could have been worse. facebook, when the market is in the red, facebook in the green, today is not an exception. today, a big bump, over 2% bump. tomorrow, of course, is the third lock up, another 156 million shares of facebook coming online, previous times when that's happened, we saw the stock jump as it did today. liz: right. everybody expected it to fall, it didn't. we're watching that. when apple falls on iphone estimate cuts, so do the
.3 earthquake strikes japan's northeast coast. tsunami warnings have been issued. job growth in the u.s. are expected to have slowed significantly in november as hurricane sandy battered the economy. and euro hits a session low, 0.4% as problems in europe's periphery continue to weigh. a powerful 7.3 magnitude earthquake has struck across japan's northeastern coast. the quake rocked buildings as far as tokyo according to reports. u.s. geological survey said there was no threat in the wider pacific ocean. the yen has been rising to a session high before we got details of that. and right now, you can see dollar-yen at 82.39. 82.17 before that happened. some safe haven in-flows into japanese currency. if there was going to be a wave in terms of tsunami that was going to hit, it would have happened around five, six minutes ago and she had yet to see any specific drop or change in the sea level. so we'll hope that that continues on that particular way. atomic power says no irregularities seen at its nuclear plant. operations are normal after the quake. so we'll keep our eyes on that. and we'
target. talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket, prompting an emergency u.n. security council meeting. >>> all right. a very good morning to you. we are going to be on to opec later. we've got the latest i.a. data out this morning. they're saying global oil demand projected around 90.5 million barrels a day. more than forecast. they say non-opec production bouncing back. an something bit. they're saying opec crude supply inched up in november led by higher output from saudi arabia. >> i think we'll have to call this today the case of the two oil reports. we have the opec report that they put out ahead of the meeting showing different figures from what the iea is say
:20. and the outlook for u.s. credit market appears less rose city. we'll speak to a moody's analyst that says high duration credit could be badly exposed. the european central bank is announcing either monetary policy decisions later today. economists expect ecb to stay pat on rates. its revised down its forecasts in 2013. hot on the heels from her stint in brusselss, silvia has moved back to frankfurt and the ecb headquarters. how more pessimistic might they be today in their forecasts. >> that's the big question. if they get too clee to the zero for the forecast next year, anything below let's say 0.4, 0.3 would be considered a little bit more bearish and that would of course increase the chances or risks whatever you want to look at it for further rate cut somewhere down the pike early next year, maybe january or february. the consensus for today is as you said no change on rates. remember a month ago, there were many calling for rate cut this month, but that seems to have receded right now. maybe also because the data we see out of the eurozone is rather mixed. everybody quite agrees that foir
2011, mr. broussard, u.s. oncology. large producers and providers of health care products to major health care institutions. that background, mr. brousard brings a broad perspective on health care issues facing our country. mr. broussard holds his undergraduate degree from texas a&m and an mba from the university of houston. were very much looking forward to your comments today. thanks for being here. [applause] >> thank you. well, thank you. i really appreciate the opportunity from each one of you. our nation is actually wrestling -- [inaudible] a large amount of debt the united states is facing. i will outline the challenge we face. i'll also show you some transforming health care is one of the ways we can solve that issue. i'll demonstrate how new approaches to integrating the delivery system and how it is already achieving some result outside of the federal government. the health care can harness simplicity, has sustainability, even if the health care system undergoes some significant transformations. first, but to take a moment and talk about ohio and cleveland and how they're
approaches quickly, it looks like u.s. lawmakers may have put together is stopgap agreement. some details are emerging as sources close say the talks have been centering on staving off the worst of $600 billion in spending cuts. the president had this to say. >> the potential agreement would make sure it taxes do not go up on middle-class families but it would also extend tax credits for families with children, extend the tuition tax credit that has helped millions of families pay for college, and it would extend tax credits. >> lawmakers were also narrowing the income level at which they would increase to between $400,000.50 under thousand dollars. no deal is reached, taxes will go up for all americans. >> let's now go live to washington. we have a correspondent following the story for us. what else does the president have to say? >> i think this is important to review the deficit. he said the compromise is being looked at and he is urging them to come together right now in the senate to pass this bill. he wants both parties to work together and you could really see in his body language
for the month of november in u.s. and canada. that is not good news for the retailer down $0.79. back to you. lori: nicole, always a pleasure could thank you. melissa: what is the hottest stock on wall street? could it be an analyst which mark on the firm of buying for bank analyst dick bove. lori: the dollar strengthening against the euro. predicting an even weaker euro zone. we are back after this. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. sshe's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >> 20 minutes past the hour, this is your fox new fox news b. defense secretary is saying u.s. intelligence services have very serious concerns about the routine use of chemical weapons in syria has the u.s. much official tells fox the syrian president is prepping a deadly nerve agent loading
of skilled workers coming from our country, u.s. schools, u.s. workforces. that is the skills contact at the country could easily get behind and support. that is highly important as we think of the skills issue going forward. some of the issues i heard talked about before critical to that as well. what are we doing in the pipeline? what are we doing from the earliest ages to make sure that under-represented groups are taking to science? why do we have to drop off at middle school around young women? what are the long-term strategy is? we have to attack this on all cylinders and have and all of the above the strategy. but while we are doing the long- term strategy to have a bit of supply of stem and high skilled workers, we should not take our eye off what we can do in the short term. one of the most powerful statistics that came out of the president's science and technology council was the idea that you could have a significant effect on the number of workers we had if you just ensured that you had a higher graduation rate among those who declared a stem major in their freshman year.
deserved it because it was a statement that now the u.s. is shifting back from the bush administration to obama. i think the same is true for the european union. >> your assessment has been pretty upbeat so far. i want to put this to you. at the top of the show, we said this is a day of celebration for the eu. no doubt about that. it also indicates it might be a day of celebration for the people of the eu, but i see no signs of those citizens cracky -- cracking open the champagne bottles today. >> it is unfortunate. we should see youngsters out there. we should see the you celebrating. i agree that it is unfortunate that we are not even able to celebrate what we have been living and experiencing for 60 years, which is prosperity and peace for everybody. i can berkeley understand that the current crisis destroys this -- i can understand that the current crisis destroys this. looking back, my family, many other families -- people had nothing to eat. they were freezing in the cold. just that should make it worth thinking back and open the bottles of champagne. >> thank you for those inter
inquiry to the deadly attack on the u.s. consulate in libya has found security was grossly inadequate. >> the attack in september killed the u.s. ambassador and three other americans. the report has blamed systemic failures and leadership deficiencies at the state department. the secretary of state says she will adopt all of the recommendations. >> the inquiry also found that americans had no warning of the attack and little knowledge of the threat posed by local militia. >> funerals will be held today for six victims of the newtown school massacre, including the school principal. >> the incident has once again put the spotlight on gun control in america and the country's powerful gun lobby. the national rifle association has spoken out for the first time since the massacre. >> americans exercising their right to bear arms in the state of virginia, part of their constitutional guarantee to self-defense, but the deaths in connecticut have revived the debate about what kinds of weapons are needed for self- defense. many now want washington to come up with stricter laws about public acce
people at a u.s. military base. >> the man blew up a car packed with explosives. police say at least six others were injured. the taliban has claimed responsibility for the attack, which came just days after a shooting inside police headquarters. the egyptian president has signed into law a controversial new constitution after official confirmation should a clear majority for the document in a referendum. >> morsi is due to address parliament on saturday after appointing 90 members to the senate. >> critics say the new basic law is islamist and undemocratic. >> the opposition kept up its protest for weeks, but it was not enough. anchor fled on the streets of cairo after official results were announced. critics say the referendum was marred by fraud. am i in my opinion, the revolution continues, and the constitution does not exist. a constitution has to be for everyone, not split the people of egypt. >> everybody knows the results are wrong. i will continue protesting peacefully until our demands are met. >> egypt's election commission says nearly 64% of voters approved the constitution i
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